Mitigating the bullwhip effect by ordering policies and forecasting methods

@inproceedings{Wright2008MitigatingTB,
  title={Mitigating the bullwhip effect by ordering policies and forecasting methods},
  author={David Wright and Xin Lei Yuan},
  year={2008}
}
The "bullwhip" effect, in which order variability increases as one moves up the supply chain, has been observed in a range of industries, modeled by several authors and various remedies suggested. This paper provides a simulation of the effect of improved forecasting methods, and finds that Holt's and Brown's methods substantially mitigate the bullwhip effect across a range of performance metrics. The end result is to identify ordering policies that perform particularly well in combination with… CONTINUE READING

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